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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
$ in Millions
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Operating Activities    
Net income including noncontrolling interests $ 1,091 $ 993
Net income 1,022 976
Adjustments to reconcile net income including noncontrolling interests to net cash provided by operating activities:    
Depreciation, depletion and amortization (including nuclear fuel) 1,088 853
Deferred income taxes and investment tax credits 406 275
Proceeds from assignment of tower rental portfolio 91 0
Gains on the sales of assets and equity method investment in Iroquois   (45)
Contribution to pension plan (75) 0
Other adjustments (72) (27)
Changes in:    
Accounts receivable 307 82
Inventories 21 (3)
Deferred fuel and purchased gas costs, net (79) 114
Prepayments 32 55
Accounts payable (211) (92)
Accrued interest, payroll and taxes (73) 46
Margin deposit assets and liabilities 54 (13)
Other operating assets and liabilities (228) (220)
Net cash provided by operating activities 2,352 2,018
Investing Activities    
Plant construction and other property additions (including nuclear fuel) (2,748) (3,150)
Acquisition of solar development projects (280) (10)
Proceeds from sales of securities 1,119 709
Purchases of securities (1,156) (752)
Restricted cash and cash equivalents (3) (500)
Contributions to equity method affiliates (252) (76)
Other 4 54
Net cash used in investing activities (3,316) (3,725)
Financing Activities    
Issuance (repayment) of short-term debt, net (322) (72)
Repayment and repurchase of short-term notes 0 (600)
Issuance of long-term debt 2,730 1,930
Repayment and repurchase of long-term debt (490) (500)
Proceeds from sale of interest in merchant solar projects 0 117
Contributions from NRG and SunEdison to Four Brothers and Three Cedars 9 162
Issuance of common stock 156 1,458
Common dividend payments (949) (849)
Other (171) (169)
Net cash provided by (used in) financing activities 963 1,477
Increase (decrease) in cash and cash equivalents (1) (230)
Cash and cash equivalents at beginning of period 261 [1] 607
Cash and cash equivalents at end of period 260 377
Significant noncash investing and financing activities:    
Accrued capital expenditures 270 257
Virginia Electric and Power Company    
Operating Activities    
Net income 674 543
Adjustments to reconcile net income including noncontrolling interests to net cash provided by operating activities:    
Depreciation, depletion and amortization (including nuclear fuel) 665 589
Deferred income taxes and investment tax credits 167 228
Proceeds from assignment of tower rental portfolio 91 0
Other adjustments (20) (11)
Changes in:    
Accounts receivable 92 7
Affiliated receivables and payables 39 295
Inventories 19 13
Deferred fuel and purchased gas costs, net (78) 105
Prepayments (4) (35)
Accounts payable (32) (10)
Accrued interest, payroll and taxes 23 39
Other operating assets and liabilities (145) (61)
Net cash provided by operating activities 1,491 1,702
Investing Activities    
Plant construction and other property additions (including nuclear fuel) (1,219) (1,226)
Purchases of nuclear fuel (116) (78)
Proceeds from sales of securities 498 347
Purchases of securities (517) (373)
Other (17) (6)
Net cash used in investing activities (1,371) (1,336)
Financing Activities    
Issuance (repayment) of short-term debt, net 351 (233)
Issuance of long-term debt 750 750
Repayment of affiliated current borrowings, net (250) (376)
Repayment and repurchase of long-term debt (78) (457)
Common dividend payments (854) 0
Other (6) (7)
Net cash provided by (used in) financing activities (87) (323)
Increase (decrease) in cash and cash equivalents 33 43
Cash and cash equivalents at beginning of period 11 [2] 18
Cash and cash equivalents at end of period 44 61
Significant noncash investing and financing activities:    
Accrued capital expenditures 169 142
Dominion Energy Gas Holdings, LLC    
Operating Activities    
Net income 185 203
Adjustments to reconcile net income including noncontrolling interests to net cash provided by operating activities:    
Depreciation and amortization 110 95
Deferred income taxes and investment tax credits 112 125
Other adjustments (6) 4
Changes in:    
Accounts receivable 73 39
Affiliated receivables and payables (19) 87
Inventories (12) (12)
Deferred fuel and purchased gas costs, net 11 11
Prepayments 18 29
Accounts payable (97) (75)
Accrued interest, payroll and taxes (52) (28)
Pension and other postretirement benefits (65) (65)
Other operating assets and liabilities (3) (43)
Gains on the sales of assets and equity method investment in Iroquois 0 (45)
Net cash provided by operating activities 255 325
Investing Activities    
Plant construction and other property additions (including nuclear fuel) (309) (393)
Proceeds from sale of equity method investment in Iroquois 0 7
Proceeds from assignments of shale development rights 0 5
Other (11) (5)
Net cash used in investing activities (320) (386)
Financing Activities    
Issuance (repayment) of short-term debt, net 155 (153)
Issuance of long-term debt 0 680
Repayment of affiliated current borrowings, net (94) (95)
Distribution payments to parent (15) (150)
Other 0 (8)
Net cash provided by (used in) financing activities 46 274
Increase (decrease) in cash and cash equivalents (19) 213
Cash and cash equivalents at beginning of period 23 [3] 13
Cash and cash equivalents at end of period 4 226
Significant noncash investing and financing activities:    
Accrued capital expenditures $ 44 $ 42
[1] Dominion Energy’s Consolidated Balance Sheet at December 31, 2016 has been derived from the audited Consolidated Balance Sheet at that date.
[2] Virginia Power’s Consolidated Balance Sheet at December 31, 2016 has been derived from the audited Consolidated Balance Sheet at that date.
[3] Dominion Energy Gas’ Consolidated Balance Sheet at December 31, 2016 has been derived from the audited Consolidated Balance Sheet at that date.